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FNCB

FNCB Bancorp NasdaqCM:FNCB Stock Report

Last Price

US$8.04

Market Cap

US$157.5m

7D

-0.5%

1Y

8.8%

Updated

27 Jun, 2022

Data

Company Financials
FNCB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

FNCB Stock Overview

FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania.

FNCB Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for FNCB Bancorp
Historical stock prices
Current Share PriceUS$8.04
52 Week HighUS$10.15
52 Week LowUS$7.17
Beta0.40
1 Month Change2.68%
3 Month Change-14.65%
1 Year Change8.80%
3 Year Change2.68%
5 Year Change4.42%
Change since IPO238.38%

Recent News & Updates

May 03
Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

FNCBUS BanksUS Market
7D-0.5%3.7%6.6%
1Y8.8%-17.7%-18.4%

Return vs Industry: FNCB exceeded the US Banks industry which returned -17.7% over the past year.

Return vs Market: FNCB exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is FNCB's price volatile compared to industry and market?
FNCB volatility
FNCB Average Weekly Movement6.0%
Banks Industry Average Movement3.8%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: FNCB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FNCB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1910216Jerry Champihttps://www.fncb.com

FNCB Bancorp, Inc. operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania. The company offers checking, savings, money market, and certificate of deposit products. It also provides residential mortgage loans, and home equity term loans and lines of credit; construction, land acquisition, and development loans; commercial real estate loans; commercial and industrial loans; consumer loans, such as secured and unsecured installment loans, automobile financing, lines of credit, and overdraft protection loans; state and political subdivision loans and leases; and purchased loans.

FNCB Bancorp Fundamentals Summary

How do FNCB Bancorp's earnings and revenue compare to its market cap?
FNCB fundamental statistics
Market CapUS$157.46m
Earnings (TTM)US$19.89m
Revenue (TTM)US$56.92m

8.1x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FNCB income statement (TTM)
RevenueUS$56.92m
Cost of RevenueUS$0
Gross ProfitUS$56.92m
Other ExpensesUS$37.03m
EarningsUS$19.89m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.00
Gross Margin100.00%
Net Profit Margin34.94%
Debt/Equity Ratio63.1%

How did FNCB perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

29%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is FNCB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FNCB?

Other financial metrics that can be useful for relative valuation.

FNCB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does FNCB's PE Ratio compare to its peers?

FNCB PE Ratio vs Peers
The above table shows the PE ratio for FNCB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.2x
RMBI Richmond Mutual Bancorporation
13.6xn/aUS$157.2m
GRRB GrandSouth Bancorporation
10.1x4.2%US$159.4m
CFFI C&F Financial
6xn/aUS$162.2m
CALB California BanCorp
11.2x24.6%US$156.8m
FNCB FNCB Bancorp
7.9xn/aUS$157.5m

Price-To-Earnings vs Peers: FNCB is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (10.2x).


Price to Earnings Ratio vs Industry

How does FNCB's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: FNCB is good value based on its Price-To-Earnings Ratio (7.9x) compared to the US Banks industry average (9.6x)


Price to Earnings Ratio vs Fair Ratio

What is FNCB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FNCB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FNCB's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FNCB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FNCB ($7.89) is trading below our estimate of fair value ($15.37)

Significantly Below Fair Value: FNCB is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FNCB's PEG Ratio to determine if it is good value.


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Future Growth

How is FNCB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FNCB Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether FNCB Bancorp is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has FNCB Bancorp performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


32.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FNCB has high quality earnings.

Growing Profit Margin: FNCB's current net profit margins (34.9%) are lower than last year (37.2%).


Past Earnings Growth Analysis

Earnings Trend: FNCB's earnings have grown significantly by 32.8% per year over the past 5 years.

Accelerating Growth: FNCB's earnings growth over the past year (4%) is below its 5-year average (32.8% per year).

Earnings vs Industry: FNCB earnings growth over the past year (4%) underperformed the Banks industry 20.7%.


Return on Equity

High ROE: FNCB's Return on Equity (14.4%) is considered low.


Discover strong past performing companies

Financial Health

How is FNCB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FNCB's Assets to Equity ratio (11.9x) is moderate.

Allowance for Bad Loans: FNCB has a sufficient allowance for bad loans (340%).

Low Risk Liabilities: 93% of FNCB's liabilities are made up of primarily low risk sources of funding.

Loan Level: FNCB has an appropriate level of Loans to Assets ratio (62%).

Low Risk Deposits: FNCB's Loans to Deposits ratio (72%) is appropriate.

Level of Bad Loans: FNCB has an appropriate level of bad loans (0.4%).


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Dividend

What is FNCB Bancorp current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FNCB's dividend (3.8%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: FNCB's dividend (3.8%) is low compared to the top 25% of dividend payers in the US market (4.24%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FNCB has been paying a dividend for less than 10 years.

Growing Dividend: FNCB's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.7%), FNCB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Jerry Champi (60 yo)

5.92yrs

Tenure

US$819,786

Compensation

Mr. Gerard A. Champi, also known as Jerry, has been Director, President and Chief Executive Officer of FNCB Bancorp, Inc. and FNCB Bank since July 01, 2016. Mr. Champi was Chief Operating Officer of FNCB B...


CEO Compensation Analysis

Compensation vs Market: Jerry's total compensation ($USD819.79K) is below average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Jerry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: FNCB's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: FNCB's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FNCB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

FNCB Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: FNCB Bancorp, Inc.
  • Ticker: FNCB
  • Exchange: NasdaqCM
  • Founded: 1910
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$157.459m
  • Shares outstanding: 19.96m
  • Website: https://www.fncb.com

Number of Employees


Location

  • FNCB Bancorp, Inc.
  • 102 East Drinker Street
  • Dunmore
  • Pennsylvania
  • 18512
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.